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A Reflection on China’s AML Enforcement Re Concentrations of Undertakings in the Internet Industry

BY | March 29, 2023

China’s application of competition law in the digital economy in the past three years has attracted attention worldwide. One significant reason is because of the regulation of VIE-structured transactions. For…

China’s application of competition law in the digital economy in the past three years has attracted attention worldwide. One significant reason is because of the regulation of VIE-structured transactions. For more than 10 years after the implementation of the Anti-Monopoly Law, seldom VIE-structured transactions have been reviewed by the competition authority, which means, almost the whole internet industry hasn’t made notifications of concentrations and there were no investigations for a de

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